Lapas attēli
PDF
ePub

rior court to

jurors and court

attendance.

Clerk of supe- clerk of the superior court, for the county of Suffolk, for issue venires for civil business, shall, during the present term of said court, if to enforce their practicable, and if not, as soon thereafter as may be practicable, issue writs of venire facias, for jurors to appraise and value the fee of the several tracts of land in said acts respectively mentioned, and shall therein require the attendance of said jurors on such day as the court shall order; and said writs shall be severally issued, delivered, transmitted, served and returned, in the same manner as now provided in respect to other juries by chapter one hundred and thirty-two of the General Statutes."

SECTION 2. This act shall take effect upon its passage.
Approved February 4, 1869.

Chap. 8. AN ACT TO AUTHORIZE THE DEAN ACADEMY, IN THE TOWN OF FRANK

$350,000 additional real and

LIN, TO HOLD ADDITIONAL REAL AND PERSONAL ESTATE.
Be it enacted, &c., as follows:

[ocr errors]

SECTION 1. The Dean Academy, in the town of Franklin, personal estate. is hereby authorized to hold, by purchase or otherwise, real and personal estate to an amount not exceeding three hundred and fifty thousand dollars, to be devoted exclusively to the purposes of education, in addition to the amount authorized by chapter one hundred and seven of the acts of the year eighteen hundred and sixty-five.

Chap. 9.

Corporators.

Name.

SECTION 2. This act shall take effect upon its passage.
Approved February 9, 1869.

AN ACT TO INCORPORATE THE BEDFORD RAILROAD COMPANY.
Be it enacted, &c., as follows:

SECTION 1. William R. Hayden, Edward T. Tuden and Charles L. Wait, their associates and successors, are hereby made a corporation, by the name of the Bedford Railroad Powers and du- Company; with all the powers and privileges, and subject to all the restrictions, duties and liabilities set forth in the general laws which now are, or hereafter may be in force relating to such corporations.

ties.

Location from Bedford to Lex. ington.

May enter upon or unite with

SECTION 2. The said company may locate, construct and operate a railroad, commencing at some convenient point near the village, or mineral springs, in the town of Bedford, thence passing through the south-easterly part of said Bedford, and the north-westerly part of the town of Lexington, to a point most convenient for entering upon the road of the Lexington and Arlington Railroad Company near its terminus in the town of Lexington.

SECTION 3. The Bedford Railroad Company is hereby Lexington and authorized to enter with its road upon, or unite the same with, and use the road of the Lexington and Arlington Rail

Arlington Rail

road.

road Company; and the Lexington and Arlington Railroad Company is hereby authorized to enter with its road upon, or unite the same with and use, the road of the Bedford Railroad Company, subject to the general laws of this Commonwealth relating to railroad corporations.

and shares.

SECTION 4. The capital stock of said company shall be Capital stock fixed by said company at an amount not less than one hundred thousand dollars, nor more than one hundred and fifty thousand dollars, and when so fixed shall not thereafter be changed; and said stock shall be divided into shares of one hundred dollars each. Said company may purchase and Real and perhold such real and personal estate as may be necessary for the purposes for which it is incorporated.

sonal estate.

Railroads may

unite within five years, by vote of

SECTION 5. The Lexington and Arlington Railroad Company, and the Bedford Railroad Company are hereby authorized to unite with each other within five years from the stockholders. passage of this act, upon such terms as may be agreed upon by said corporations respectively, not inconsistent with the provisions of their respective charters or the acts in addition thereto, nor with the laws of this Commonwealth, by a vote of stockholders representing a majority of the stock in the respective corporations at legal meetings held for that purpose; and thereupon said two corporations shall become one corporation under the name of the Bedford, Lexington and Arlington Railroad Company, with a capital stock not exceeding the joint capital of the two corporations.

construction.

SECTION 6. This act shall be void unless the said railroad Location and is located within two years, and constructed within four years, from the passage thereof.

SECTION 7. This act shall take effect upon its passage.

Approved February 9, 1869.

Chap. 10.

AN ACT TO INCORPORATE THE TAUNTON SAVINGS BANK.

Be it enacted, &c., as follows:

SECTION 1. Willard Lovering, Lovett Morse, Henry G. Corporators. Reed, their associates and successors, are hereby made a corporation by the name of the Taunton Savings Bank, to be located in the city of Taunton; with all the powers and Powers and duprivileges, and subject to all the duties, liabilities and restrictions set forth in all general laws which now are or may hereafter be in force in this Commonwealth relating to institutions for savings.

SECTION 2. This act shall take effect upon its passage.
Approved February 9, 1869.

ties.

Chap. 11.

Corporators.

AN ACT TO INCORPORATE THE WESTBOROUGH SAVINGS BANK. Be it enacted, &c., as follows:

SECTION 1. Noah Kimball, Cyrus Fay, George B. Brigham, their associates and successors, are hereby made a corporation by the name of the.Westborough Savings Bank, to be Powers and du- located in Westborough; with all the powers and privileges, and subject to all the duties, liabilities and restrictions set forth in all general laws which now are, or may hereafter be in force in this Commonwealth, relating to institutions for savings.

ties.

SECTION 2. This act shall take effect upon its passage.
Approved February 9, 1869.

Chap. 12. AN ACT TO AMEND CHAPTER ONE HUNDRED AND SIXTY-TWO, OF THE

Amendment of 1865, 162, § 2.

ACTS OF THE YEAR EIGHTEEN HUNDRED AND SIXTY-FIVE, CONCERN-
ING THE ADMISSION OF SICK PERSONS TO THE STATE ALMSHOUSES.

Be it enacted, &c., as follows:

SECTION 1. The second section of chapter one hundred and sixty-two of the acts of the year eighteen hundred and sixty-five, entitled "An Act concerning the admission of sick persons to the State Almshouses," is hereby amended, by inserting after the words "board of state charities," the words, "or some person designated by them, whose duty it shall be to make suitable investigation."

SECTION 2. This act shall take effect upon its passage.

Approved February 9, 1869.

Chap. 13. AN ACT TO EXTEND THE TIME FOR LOCATING AND CONSTRUCTING

Time for location and con

struction extended.

Chap. 14.

Corporators.

[ocr errors]

THE MANSFIELD AND FRAMINGHAM RAILROAD.

Be it enacted, &c., as follows:

The time for locating and constructing the Mansfield and Framingham Railroad, is hereby extended to the twenty-sixth day of April, in the year eighteen hundred and seventy-two. Approved February 10, 1869.

AN ACT TO INCORPORATE THE EASTHAMPTON SAVINGS BANK. Be it enacted, &c., as follows:

SECTION 1. Samuel Williston, Edmund H. Sawyer, Seth Warner, their associates and successors, are hereby made a corporation by the name of the Easthampton Savings Bank, Powers and du- to be established in the town of Easthampton; with all the powers and privileges, and subject to all the duties, liabilities and restrictions set forth in all general laws, which now are or may hereafter be in force, applicable to savings banks and institutions for savings.

ties.

SECTION 2. This act shall take effect upon its passage.
Approved February 10, 1869.

AN ACT TO AUTHORIZE THE DORCHESTER SAVINGS BANK TO HOLD

Be it enacted, &c., as follows:

REAL ESTATE.

Chap. 15.

000 in a banking

SECTION 1. The Dorchester Savings Bank, located in the May invest $10,town of Dorchester, is hereby authorized to hold real estate house. to the amount of ten thousand dollars: provided, that no Proviso. part of said amount shall be invested in real estate, except in the purchase of a suitable site, and the erection or preparation of a suitable building, to be used for banking purposes; and all income, if any, arising from such real estate, shall be devoted exclusively to the interests of said corporation. SECTION 2. This act shall take effect upon its passage.

Approved February 10, 1869.

AN ACT TO INCORPORATE THE MUTUAL BENEFIT FIRE INSURANCE Chap. 16.

Be it enacted, &c., as follows:

COMPANY.

SECTION 1. George H. Kuhn, George C. Richardson, Avery Corporators. Plumer, their associates and successors, are hereby made a

corporation by the name of the Mutual Benefit Fire Insur- Name and purance Company, in the city of Boston, for the purpose of pose.

making insurance against losses by fire; with all the powers Powers and duand privileges, and subject to all the duties, restrictions and ties. liabilities set forth in the general laws which are or may be in force, relating to joint-stock insurance companies, except as hereinafter provided.

SECTION 2. Said corporation shall not issue policies until Not to insure until guarantee a guarantee capital of two hundred thousand dollars has been capital is paid subscribed and paid in in cash.

in.

holders of guar

SECTION 3. The holders of the guarantee capital, until Dividends to the redemption thereof as hereinafter provided, shall be antee capital. entitled to a net semi-annual dividend not exceeding four per cent. on their respective shares, if the net surplus over the guarantee capital, after providing for all expenses, losses and liabilities then incurred, including a sum sufficient to re-insure all outstanding risks, is sufficient from time to time to pay the same; and, if any such dividend is less than four per cent., it shall be made up when such net surplus becomes sufficient therefor.

net surplus to

guarantee capi

SECTION 4. One-fourth of such net surplus remaining after One-fourth of providing for dividends as aforesaid, shall be set apart and be applied to invested in the same manner as the capital of joint-stock redemption of insurance companies, and shall constitute a reserve fund for tal. the redemption of the guarantee capital; and when the net surplus over the guarantee capital so reserved and invested, and then existing, amounts to the sum of two hundred thou

Reserve fund of $200,000 to be

kept as permafund for benefit

nent guarantee

of insured.

Directors, how elected.

sand dollars, the guarantee capital shall be redeemed. The remaining three-fourths of such net surplus shall be divided among the insured, in the same manner as in mutual fire insurance companies; and, after the redemption of the guarantee capital as aforesaid, the whole shall be so divided.

SECTION 5. The reserve fund to the amount of two hundred thousand dollars, invested as aforesaid, shall be kept intact as far as possible, as a permanent guaranty fund for the benefit of the insured. Said reserved fund shall belong to the insured, and shall be applicable to the payment of losses and claims against the company, if its other funds are insufficient therefor; and, if reduced, shall be repaired as soon as may be from the profits of the company. The income received from such fund, shall constitute a part of the net surplus to be divided among the insured as aforesaid.

SECTION 6. The directors of said company shall be elected by the proprietors of the guarantee capital, until the redemption of the same, and thereafter by the policy holders, who shall then be members of the company.

SECTION 7. This act shall take effect upon its passage.
Approved February 12, 1869.

Chap. 17. AN ACT CONCERNING THE MUNICIPAL COURT OF THE CITY OF

Sessions for criminal busi ness.

Original concur.

rentjurisdiction

Be it enacted, &c., as follows:

BOSTON.

SECTION 1. Section eleven of chapter two hundred and seventy-nine of the acts of the year eighteen hundred and sixty-six, is so amended that the said municipal court of the city of Boston shall be held for criminal business in the afternoon, only when it appears expedient to any of the justices thereof.

SECTION 2. The said court shall have original concurrent with municipal jurisdiction with the municipal court for the southern district of the city of Boston in all cases, criminal and civil, where said court for the southern district now has exclusive jurisdiction.

court for southern district.

Forcible entry and detainer.

SECTION 3. Chapter forty-seven of the acts of the year eighteen hundred and sixty-six, shall apply to actions under section five of chapter one hundred and thirty-seven of the General Statutes, brought in said municipal court of the city of Boston.

SECTION 4. This act shall take effect upon its passage.
Approved February 13, 1869.

« iepriekšējāTurpināt »